XTX Topco Ltd Purchases 13,618 Shares of Jefferies Financial Group Inc. (NYSE:JEF)

XTX Topco Ltd boosted its holdings in shares of Jefferies Financial Group Inc. (NYSE:JEF) by 106.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,429 shares of the financial services provider’s stock after buying an additional 13,618 shares during the period. XTX Topco Ltd’s holdings in Jefferies Financial Group were worth $2,072,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Barclays PLC increased its position in shares of Jefferies Financial Group by 20.6% during the third quarter. Barclays PLC now owns 2,014,387 shares of the financial services provider’s stock valued at $123,987,000 after buying an additional 344,409 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of Jefferies Financial Group by 20.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 29,491 shares of the financial services provider’s stock valued at $1,815,000 after buying an additional 5,065 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Jefferies Financial Group in the third quarter worth about $32,000. Tidal Investments LLC bought a new stake in Jefferies Financial Group during the third quarter valued at approximately $252,000. Finally, Franklin Resources Inc. grew its position in shares of Jefferies Financial Group by 232.9% during the 3rd quarter. Franklin Resources Inc. now owns 280,026 shares of the financial services provider’s stock valued at $18,174,000 after acquiring an additional 195,902 shares during the period. Hedge funds and other institutional investors own 60.88% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Oppenheimer lowered Jefferies Financial Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Morgan Stanley lowered shares of Jefferies Financial Group from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $75.00 to $41.00 in a report on Monday, April 7th. The Goldman Sachs Group set a $75.00 price objective on Jefferies Financial Group in a research report on Wednesday, March 5th. Finally, StockNews.com lowered Jefferies Financial Group from a “hold” rating to a “sell” rating in a research note on Monday, March 31st.

Jefferies Financial Group Price Performance

JEF stock opened at $42.74 on Monday. The business has a 50 day simple moving average of $59.41 and a 200-day simple moving average of $68.29. The firm has a market capitalization of $8.81 billion, a PE ratio of 14.34 and a beta of 1.29. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. Jefferies Financial Group Inc. has a 1 year low of $39.28 and a 1 year high of $82.68.

Jefferies Financial Group (NYSE:JEF) last posted its quarterly earnings data on Wednesday, March 26th. The financial services provider reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.88 by ($0.28). Jefferies Financial Group had a return on equity of 7.92% and a net margin of 10.57%. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.93 billion. During the same period in the previous year, the business posted $0.87 EPS. The business’s revenue for the quarter was down 8.4% on a year-over-year basis. Equities research analysts anticipate that Jefferies Financial Group Inc. will post 4.41 earnings per share for the current fiscal year.

Jefferies Financial Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 19th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.60 annualized dividend and a dividend yield of 3.74%. Jefferies Financial Group’s dividend payout ratio (DPR) is currently 55.36%.

Jefferies Financial Group Company Profile

Jefferies Financial Group Inc operates as an investment banking and capital markets firm in the Americas, Europe, the Middle East, and the Asia-Pacific. The company operates in two segments, Investment Banking and Capital Markets, and Asset Management. It provides investment banking, advisory services with respect to mergers or acquisitions, debt financing, restructurings or recapitalizations, and private capital advisory transactions; underwriting and placement services related to corporate debt, municipal bonds, mortgage-backed and asset-backed securities, equity and equity-linked securities, and loan syndication services; and corporate lending services.